Promotora de Informaciones S A : PRISA completes new convertible notes issue
April 08, 2024 at 09:48 am EDT
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Oversubscription makes a pro-rata allotment necessary. 100 million injection will allow PRISA to further reduce debt and continue pursuing business growth. The operation, which has once again received strong support from shareholders, opens the door to further refinancing.
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Promotora de Informaciones SA (PRISA) is a Spain-based company primarily engaged in the consumer publishing sector. The Companyâs activities are divided into four business segments: Education, which focuses on the sale of educational books, as well as services and materials related to the education systems under Santillana brand name; Radio, which operates radio network stations, such as Cadena Ser, Kebuena and ADN Radio, as well as organizes and manages entertainment events; Press, which includes the release and distribution of newspapers, magazines, supplements, collectible products and other periodical publications, such as El Pais, Cinco Dias and El Huffington Post, and Audiovisual, which provides cable and satellite television services intended for the production of audiovisual content, as well as production and marketing of digital content for news, entertainment and education. PRISA operates in Spain, Portugal, Chile, Colombia, Brazil and Mexico, among others.
PROMOTORA DE INFORMACIONES, S.A. 
